OverviewSuggest Edit

Poly, formerly Plantronics, is an electronics company producing audio communications equipment for business and consumers. The Company's headsets are communications tools providing a hands-free connection to communication or entertainment devices, while also allowing freedom of movement for the users. Its headsets are widely used in applications such as Unified Communications, in contact centers, in the office, and in the home, with mobile devices and Internet telephony, for gaming, and for other specialty applications. Plantronics's major product categories include Enterprise, which includes corded and cordless communication headsets, audio processors, and telephone systems; and Consumer, which includes Bluetooth and corded products for mobile device applications, personal computer and gaming headsets, and specialty products marketed for hearing impaired individuals (through Clarity brand).

TypePublic
Founded1961
HQSanta Cruz, US
Websitepoly.com
Employee Ratings3
Culture scoreF

Latest Updates

Employees (est.) (Mar 2019)7,490(+88%)
Job Openings72
Revenue (FY, 2018)$856.9 M(-2%)
Share Price (May 2020)$13 (+4%)

Key People/Management at Poly

Amy Barzdukas

Amy Barzdukas

Executive Vice President and Chief Marketing Officer
Chuck Boynton

Chuck Boynton

Executive Vice President and Chief Financial Officer
Alex Bustamante

Alex Bustamante

Executive Vice President of Global Operations and President of Plamex
Anja Hamilton

Anja Hamilton

Executive Vice President and Chief Human Resources Officer
Mary Huser

Mary Huser

Executive Vice President and Chief Legal and Compliance Officer
Paul Johnson

Paul Johnson

Vice President and Chief Information Officer
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Poly Office Locations

Poly has an office in Santa Cruz
Santa Cruz, US (HQ)
345 Encinal St
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Poly Financials and Metrics

Poly Revenue

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View revenue for all periods
Poly's revenue was reported to be $856.90 m in FY, 2018 which is a 2.8% decrease from the previous period.
USD

Revenue (Q2, 2019)

483.1m

Gross profit (Q2, 2019)

152.6m

Gross profit margin (Q2, 2019), %

31.6%

Net income (Q2, 2019)

(86.7m)

EBIT (Q2, 2019)

(86.0m)

Market capitalization (29-May-2020)

520.3m

Closing stock price (29-May-2020)

13.0

Cash (30-Sept-2018)

291.1m
Poly's current market capitalization is $520.3 m.
Annual
USDFY, 2016FY, 2017FY, 2018

Revenue

856.9m881.2m856.9m

Revenue growth, %

(1%)3%(3%)

Cost of goods sold

422.2m439.8m417.8m

Gross profit

434.7m441.4m439.1m
Quarterly
USDQ1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019

Revenue

223.1m216.2m232.9m203.9m210.3m226.5m221.3m483.1m

Cost of goods sold

110.0m105.7m122.8m100.6m102.7m112.4m111.5m330.4m

Gross profit

113.1m110.4m110.2m103.3m107.6m114.1m109.8m152.6m

Gross profit Margin, %

51%51%47%51%51%50%50%32%
Annual
USDY, 2010Y, 2011FY, 2012Y, 2012FY, 2013Y, 2013FY, 2014Y, 2014FY, 2015Y, 2015FY, 2016FY, 2017FY, 2018

Cash

350.0m277.4m209.3m209.3m228.8m228.8m232.7m232.7m276.9m276.9m235.3m302.0m390.7m

Accounts Receivable

111.8m128.2m138.3m138.3m136.6m136.6m128.2m141.2m152.9m

Prepaid Expenses

13.1m15.4m13.7m28.1m

Inventories

53.7m67.4m57.1m56.7m55.5m68.3m
Quarterly
USDQ3, 2012Q1, 2013Q3, 2013Q1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019

Cash

178.1m204.6m196.7m256.3m246.0m235.5m235.3m268.2m280.4m475.4m304.8m219.1m227.5m244.5m242.5m290.5m303.1m280.3m631.0m291.1m

Accounts Receivable

109.7m108.3m112.7m120.9m123.7m133.4m150.8m140.4m157.3m127.2m139.9m136.4m133.2m136.8m141.3m134.8m139.7m143.9m161.5m354.1m

Prepaid Expenses

16.9m15.9m13.3m13.9m33.3m19.5m57.6m

Inventories

57.8m58.9m66.9m65.3m69.2m66.6m61.0m63.6m57.7m55.9m57.8m55.7m53.9m52.7m58.0m57.6m61.0m64.6m68.1m156.9m
Annual
USDFY, 2012FY, 2013FY, 2014FY, 2015FY, 2016FY, 2017FY, 2018

Net Income

109.0m106.4m112.4m112.3m68.4m82.6m(869.0k)

Depreciation and Amortization

13.8m16.2m15.6m18.7m20.1m21.0m21.2m

Inventories

606.0k(14.8m)1.4m(3.8m)(13.3m)

Accounts Payable

131.0k2.8m(6.3m)(62.0k)5.4m4.4m2.9m
Quarterly
USDQ2, 2012Q3, 2012Q1, 2013Q2, 2013Q3, 2013Q1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019

Net Income

54.3m85.2m23.6m49.5m77.7m27.0m23.1m34.4m28.7m27.4m30.4m21.2m17.9m16.3m20.4m20.5m22.2m18.8m38.8m(10.7m)14.5m(72.2m)

Depreciation and Amortization

6.8m10.3m3.8m7.9m12.1m4.1m5.4m10.7m15.9m5.2m87.6m

Inventories

(5.4m)(3.6m)(5.2m)(8.2m)(13.9m)228.0k(2.2m)(5.8m)(9.6m)16.4m

Accounts Payable

(8.9m)(12.3m)(4.5m)(3.9m)1.7m(4.3m)36.8m38.9m33.2m38.4m43.2m39.7m46.8m42.8m40.7m989.0k3.2m2.8m5.7m20.6m
USDY, 2018

Financial Leverage

4.3 x
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Poly Operating Metrics

Poly's Customers was reported to be 500 in Q3, 2017.
Q1, 2017Q2, 2017Q3, 2017

Countries

80 80 80

Customers

500 500 500

Patents Pending

179 179 179

Products

16 k16 k16 k
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Poly Acquisitions / Subsidiaries

Company NameDateDeal Size
PolycomMarch 29, 2018$2 b

Poly Revenue Breakdown

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Poly revenue breakdown by business segment: 73.1% from Enterprise and 26.9% from Consumer

Poly revenue breakdown by geographic segment: 5.9% from Americas, excluding U.S., 56.3% from U.S., 12.3% from Asia Pacific and 25.4% from Europe and Africa

Poly Online and Social Media Presence

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Poly Company Culture

  • Overall Culture

    F

    48/100

  • CEO Rating

    D

    60/100

  • Compensation

    D

    50/100

  • Diversity

    F

    37/100

Learn more on Comparably

Poly News and Updates

Plantronics Backbeat Pro 2 wireless headphones are $65 off

TL;DR: The audiophile-worthy Plantronics Backbeat Pro 2 headphones are on sale for $133.98, saving you $65.02. Travelers and commuters need headphones that are light enough to slip in a bag, but a tiny pair of earbuds aren't the most responsible choice. (Guess how many people dropped their AirPod…

Highly-Rated Plantronics Wireless Noise Cancelling Backbeat Headphones 36% Off

Highly-Rated Plantronics Wireless Noise Cancelling Backbeat Headphones 36% Off

Meet Poly: Plantronics + Polycom Relaunches to Focus on Driving the Power of Many

Poly, which means “many,” leverages the legendary audio and video expertise of Plantronics and Polycom and its breadth of smart endpoints that connect across and between unified communications platforms to reduce the distractions, complexity, and distance in the modern workspace. Poly aims to be the…

Plantronics Appoints New Chief Financial Officer

SANTA CRUZ, Calif. – March 11, 2019 – Plantronics (NYSE: PLT), an audio pioneer and unified communications technology leader, today announced the appointment of Mr. Charles (Chuck) Boynton as executive vice president and chief financial officer, effective March 8, 2019. Boynton will report to Plantr…

Lose yourself in the music and save 40% off Plantronics BackBeat PRO 2 wireless headphones at Amazon

No matter where you go, there's just too much noise to enjoy your music or podcast in peace. There's always a loud subway, crying baby on a plane, or a coworker in an open office plan who only eats crunchy snacks. A good pair of noise canceling headphones will take you to your happy place, and now…

Plantronics Announces Upcoming Event with Financial Community

SANTA CRUZ, Calif., Feb. 20, 2019 (GLOBE NEWSWIRE) -- Plantronics (NYSE: PLT) today announced that it will participate in the following conference:
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Poly Blogs

“When it comes to sound quality, the RealPresence Trio is superb, noticeably better than average at both sending and receiving, suppressing the dropouts and background noise common in VoIP phones.”

https://fedtechmagazine.com/article/2019/02/review-polycom-realpresence-trio-8800-brings-superior-sound-fed-conference-calls News Organization: FedTech Language: …

“Trio 8500 takes an ordinary conference call experience to the next level… [and] comes with an advanced sound quality that includes HD Voice…”

https://www.gadgetbridge.com/news/polycom-trio-8500-for-smart-conferencing-in-business-meetings-unveiled/ News Organization: GadgetBridge Language: …

“For businesses looking to take their first step into a brighter future, the Polycom Trio 8800 is the world’s first smart hub tool for group collaboration…”

https://www.uctoday.com/endpoints/polycom-trio-8800-review/ News Organization: UC Today Language: English

“The Voyager Focus was by far the most comfortable of the dual-ear options we tested… The Voyager’s sound quality also beat out the Jabra Evolve 75.”

https://www.reviews.com/bluetooth-headset/ News Organization: Reviews.com Language: English

“Why is Plantronics Voyager Legend UC better than Jabra Motion?”

https://versus.com/en/jabra-motion-vs-plantronics-voyager-legend-uc News Organization: Versus Language: English

“The Plantronics EncorePro HW540 is the best business headset.”

https://headsetplus.com/blog/best-headsets-for-business-use-2019/ News Organization: Headset Plus Language: English
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Poly Frequently Asked Questions

  • When was Poly founded?

    Poly was founded in 1961.

  • Who are Poly key executives?

    Poly's key executives are Amy Barzdukas, Chuck Boynton and Alex Bustamante.

  • How many employees does Poly have?

    Poly has 7,490 employees.

  • What is Poly revenue?

    Latest Poly annual revenue is $856.9 m.

  • What is Poly revenue per employee?

    Latest Poly revenue per employee is $114.4 k.

  • Who are Poly competitors?

    Competitors of Poly include Ikegami Tsushinki, Bose and LG.

  • Where is Poly headquarters?

    Poly headquarters is located at 345 Encinal St, Santa Cruz.

  • Where are Poly offices?

    Poly has an office in Santa Cruz.

  • How many offices does Poly have?

    Poly has 1 office.